Supervisory Accountant IV (OCFO - Controller Division)

City of Detroit • Michigan, MI

11d • Onsite

About The Position

The Office of the Chief Financial Officer - Controller division is accepting applications for a Supervisory Accountant IV position. The Supervisor of Fixed Assets will oversee the management, tracking, and reporting of the city's fixed assets. This role ensures compliance with accounting standards and city policies, and provides strategic recommendations for Citywide asset management and tracking. The incumbent will supervise the entire lifecycle of fixed assets, including acquisition, maintenance, and disposal.

Requirements

• Bachelor's degree from an accredited college or university, with major course of work in accounting, finance, business administration, statistics, or a closely related field.
• At least twenty-four (24) semester (36 terms) credits of coursework in accounting and statistics (21 hours in accounting and 3 hours in statistics).
• Four (4) years of experience in Accounting principles and functions.
• One (1) year of supervisory experience of Class III occupations.
• Strong analytical, organizational, and communication skills.
• Proficient in accounting software and MS Office Suite
• Knowledge of: Theories, concepts, principles, and practices of accounting, financial, and performance auditing, tax auditing, and financial management
• Standardized bookkeeping processes, accounting terminology, GAAP, accounting techniques, governmental accounting, budgeting principles and other financial rules and regulations
• Rules and regulations as stipulated by GASB and Generally Accepted Auditing Standards (GAAS)
• Federal, State, County, and City grant policies, procedures, and reporting requirements
• Grants Management accounting including SEFA and other requirements
• Cost accounting and cost funding procedures
• Use of Microsoft Office (e.g. Word, Excel, Access, PowerPoint) and other office suite software packages
• Use of Excel (e.g. Formulas, Pivot Tables, Vlookup, Hlookup, other functions, charts, tables) and other financial management software packages functionality
• Use of large, complex, multi-departmental financial systems and demonstrate the knowledge required to interpret resulting financial and accounting reports, summaries, and budgets
• Analytical and problem solving
• Interpersonal skills to interact effectively with personal contacts in a business-like, customer service oriented manner, and maintain favorable public relations.
• Ability to analyze and interpret fiscal, accounting, and other data and reports
• Ability to advise City Agencies and the Office of the Chief Financial Officer (OCFO) staff on appropriate accounting polices, procedures, and requirements
• Ability to maintain general and subsidiary ledgers and journals and to prepare, analyze, and maintain regular financial statements and reports
• Ability to collect, organize, and interpret accounting data, tax rules, and regulations; synthesize data and work cross functionally to create and establish accounting guidelines, policies, and memos
• Ability to prepare accurate and reliable financial reports
• Ability to present accounting data orally, in writing, or in PowerPoint in a clear and understandable manner to both technical and non-technical users

Nice To Haves

• CPA, CIA, CMA or MBA from accredited institution preferred.

Responsibilities

• Oversee the acquisition, tracking, and disposal of fixed assets, ensure accurate records and compliance with city policies.
• Supervise the Oracle fixed assets month-end closes as well as ensuring transactions are reconciled timely and exceptions resolved amicably.
• Prepare and present detailed reports on fixed asset status, depreciation, and fiscal impact to city officials and other stakeholders.
• Prepare periodic fixed asset roll-forwards, depreciation, and capital outlay reconciliations, as well as supervising preparation of various year-end audit deliverables.
• Use Business Intelligence Publisher to create dashboards and custom reports.
• Ensure all fixed asset activities comply with all relevant accounting standards and city policies.
• Supervise periodic testing of fixed assets and host ongoing training sessions for city agencies.
• Perform relevant technical research to ensure fixed assets policies and standard operating procedures are in alignment with recent changes in accounting standards.
• Supervise, mentor, and develop a team of fixed asset accountants and support staff.
• Identify and implement process improvements to enhance efficiency and accuracy in asset management.
• Work closely with other city departments to ensure accurate and timely delivery of asset information as well as support city-wide initiatives.
• Conduct periodic audits and perform other substantive procedures to verify the existence and condition of assets.
• Supervise periodic yearend physical inventories.
• Using Oracle Cloud ERP technology and through appropriate application modules: Perform complex accounting research on upcoming changes in Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB).
• Supervise preparation, analysis, and presentation of key financial information, roll-forwards, reconciliations and other metrics pertinent to the fixed assets cycle.
• Ensure such information is timely, accurate, reliable, and professionally presented.
• Ensure accounting functions adhere to sound fiscal and regulatory policies and compliance to safeguard public assets and ensure adequate control of agency revenues and resources
• Prepare several regular and recurring special purpose reports using Business Intelligence Publisher.
• Provide experience in using the specific procedures of automated systems to find, review, or change accounting data in transaction files, subledgers, accounts, summary reports, and financial statements
• Ably present and explain reports orally and in writing to management, accounting staff, and other stakeholders
• Coordinate with other city officials and external auditors and other stakeholders to prepare yearend audit deliverables, otherwise known as PBC’s, for the Annual Comprehensive Annual Financial Report (ACFR).
• Perform other special projects and duties as assigned
• Supervise subordinate staff of supervisors, professionals, and paraprofessionals who perform accounting work
• Identify operational issues associated with ERP Cloud or recent technologies to bring to the attention of upper-level personnel for resolution
• Set goals and priorities and prepare project schedules for work completion.
• Assign work based on level of priority and capabilities of employee.
• Evaluate performance of subordinates and advise, counsel, or instruct subordinate employees on both work and administrative matters.
• Participate in candidate interviews for positions and make hiring, promotional and/or reassignment recommendations as needed.
• Hear and resolve staff complaints.
• Refer group grievances and more serious complaints to upper management or the Executive team.
• Recommend minor disciplinary actions such as warnings and reprimands.
• In consultation with the Chief Learning Office, identify developmental and training needs of employees and make provisions for such development and training to occur.

Benefits

• The City of Detroit is an Equal Opportunity Employer. No applicant for employment shall be discriminated against on the basis of race, color, national origin, sex, religion, age, disability, or other criteria prohibited by City, State, or Federal law.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager